Birks Group Inc. has released its annual report for the fiscal year ending March 29, 2025. The company reported its financial performance in accordance with U.S. GAAP, including net income and other non-GAAP measures such as EBITDA and adjusted EBITDA. The report highlighted that Birks Group continues to monitor its performance using various sales and earnings measures, which are adjusted to include or exclude amounts from the most directly comparable GAAP measure. The company's strategic focus remains on developing the Birks product brand through expanding sales channels, including e-commerce, and executing a merchandising strategy to increase net sales. This includes maintaining and expanding gross margin by lowering discounts, developing and marketing higher-margin exclusive products, and enhancing internal capabilities for product development and sourcing. No specific figures regarding sales, net income, or earnings per share were disclosed in the report. Additionally, the company did not provide a specific financial outlook or guidance for future periods.
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